What is the most rich country in Asia?

What is the most rich country in Asia?

state of Singapore
GDP Per Capita The city-state of Singapore is the wealthiest country in Asia, with a per-capita income of $58,480. Singapore owes its wealth not to oil but rather to a low level of government corruption and a business-friendly economy.

Which is the richest country in South Asia?

South Asia

Rank Country 2017 GDP (PPP) billions of USD
1 India $9,284
2 Pakistan $1,205
3 Bangladesh $831.7
4 Sri Lanka $178.4

What is the poorest country in Asia 2021?

Poorest Asian Countries 2021

  1. North Korea. Based on available data, North Korea is the poorest country in Asia, with a per capita GDP of just $651.
  2. Nepal. Nepal is the second-poorest country in Asia.
  3. Tajikistan.
  4. Yemen.
  5. Kyrgyzstan.
  6. Cambodia.
  7. Myanmar.
  8. Syria.

What is the richest country in West Asia?

of Qatar
The West Asian nation of Qatar, located in the Arabian Peninsula’s northeastern coast, is the richest country in Asia with a GDP per capita of $70,799 USD. The country shares its only land border with Saudi Arabia and has a coastline along the Persian Gulf.

Which is the most richest country in Asia?

Qatar, Singapore, and Israel rank as the three wealthiest nations in Asia. Doha, the capital of Qatar. Qatar is the richest country in Asia by per capita GDP. The economy of Asia is the fastest growing continental economy and also the largest continental economy in terms of GDP (PPP).

Which is the richest country in the Middle East?

Based on GDP per capita, Qatar is the richest country in both Asia and the world. This country is in the Middle East in the Arabian Peninsula and its capital is Doha. Zenith-spot explains that this country has the third largest supply of gas and oil reserves in the world, which is one reason for Qatar’s high economic income.

Where does China rank in terms of GDP per capita?

However, when the figures are based on GDP per capita, China ranks in 20th position of the richest countries in Asia and only 74th in the world. This is because this country is so highly populated. According to The Balance, China has the world’s largest economy in terms of purchasing power parity.

Which is the fastest growing economy in Asia?

Asia is the fastest growing economic region, as well as the largest continental economy by both GDP Nominal and PPP in the world. China, Japan, India, South Korea and Indonesia are currently the top five economies in Asia.

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